Josh Sullivan
Tips on How to Start a Private Fund
28 October 2021 | 3 replies
What entities would I need to set up and what exposure would I have from regulatory and taxation stand-point?
Michael Rutkowski
What are people paying in fees for a 1031 exchange?
26 October 2021 | 9 replies
@Michael RutkowskiWhether you should speak to a CPA or Attorney regarding questions you have on a 1031 depend on the specialty of the professional itself.Did the attorney you speak with specialize in taxation / real estate transfers?
Huong Luu
Getting US citizenship through RE
25 May 2022 | 7 replies
Being Canadian and not really planning on working in the US, not sure this would be worth it due to the cost to set this up and the continued double taxation.
Sami Davis
Tax Certificates (How its reported to IRS)
29 October 2021 | 2 replies
If you hold it longer it may be taxed as a long term capital gain.If it is a tax deed, I suspect the taxation is very different.I am not an accountant please seek professional legal and accounting advice.
Tomasz Jurga
House Hacking a Duplex
1 November 2021 | 3 replies
Do I even need an LLC to have a business account from a taxation stand-point?
Pavel Bennett
Should I hire a tax planner/advisor/preparer or DIY this?
8 November 2021 | 4 replies
While a local HI accountant is not a requirement, you'd need someone who understands HI taxation.
Julie Flynn
Should my tax accountant be in the state I live in?
16 November 2021 | 8 replies
@Julie FlynnWashington has a unique tax obligation called the B&O Tax(Business and Occupation Tax) for certain businesses.Washington in general does not have a state income tax filing obligation so you don't need to find a CPA who specializes in your states tax laws.You created a post on biggerpockets regarding LLC's and loans - You should make sure that the professional you choose understands LLC taxation and the rules surrounding that.If you will acquire a property in OKC, you will be required to file a federal return + Oklahoma non-resident state tax returnBest of luck
Jonathan Bell
Multifamily investing (syndication)
18 November 2021 | 10 replies
There are also benefits of the LLC that you might want to take advantage of like flexibility when it comes to ownership, management, and taxation.
Savitha Subramanya
Recommendation on Turnkey Real Estate companies
8 January 2022 | 12 replies
ya I always wonder what the big attraction for those that live in income tax ( state) see in Texas where there is no income tax at the state level.. and pay those kind of property tax's then pay state income tax on top of it..
Jonathan Wooten
Deal Structure to Avoid Capital Gains Taxes
3 January 2022 | 1 reply
Has anyone ever done a structure like that or any other ideas how to not be exposed to capital gain taxation on the sale of his portfolio?